Greetings --
See if this helps. Replace "C" in the calculation of MACDRaw with whatever you want ot base the MACD on.
The purpose of the plot statements is to verify that MACDRaw and the BuiltIn MACD are equivalent when the MACD is based on the Close.
///////////////////////////////
// MACD Raw.afl
MACDRaw = EMA(C,12) - EMA(C,26);
SignalRaw = EMA(MACDRaw,9);
Plot (MACDRaw,"MACDRaw",colorRed,styleLine);
Plot (MACD(),"MACDBuilin", colorBlue,styleLine);
Plot(SignalRaw,"SignalRaw", colorGreen,styleLine);
Plot(Signal(),"SignalBuiltin",colorYellow,styleLine);
/////////////////////////////////
Thanks,
Howard
On Mon, Oct 6, 2008 at 6:38 AM, Hao Chik
<haochik@xxxxxxxxx> wrote:
How to code a MACD base on other indicators?
any suggestion?
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